Category: SEC

World blockchain exchange graphic

Prohibition Returns – Private Securities Liquidity (& Tokens)

Jay Clayton, Chairman of the SEC, is, I’ve heard, holding the line that no new alternative trading system (“ATS”, aka “exchange”) will be approved on his watch if it intends to trade tokens. Welcome to 1917 and the 18th Amendment. Except instead of alcohol, people can’t buy or sell securities of real estate and private… Read more

STO’s vs Rule 12g Both Equity and Asset-Backed Securities, Including Real Estate 1

STO’s vs Rule 12g Both Equity and Asset-Backed Securities, Including Real Estate

It’s all about liquidity… Why don’t all companies just file an S1 (for equity securities) or SF-1 (for asset-backed securities) and list their securities on NASDAQ? Because it’s just too damn expensive and time-consuming to comply with the myriad of rules and regulations. Although the JOBS Act helped businesses with less than $1 billion in revenue dial back the… Read more